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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (5369)4/23/2009 10:59:54 AM
From: cubsfan  Read Replies (1) | Respond to of 6370
 
Funny you mention them. I was looking at it a couple days
ago myself. Chipolte is a decent little place - simple, quick,
low price points - food is good for the price. I just
didn't see the volume - like a MCD. I didn't pull the
trigger for because the price points should attract people
in a recession. We were eating there, in lieu of our normal
expensive night out, precisely to save money. So I passed.
But agree the stock looks rich. Figured I needed to find
one like RUTH to short. Chipolte may very well work out - but
people really seem to be stepping down $$ as opposed to
not eating out - the high end is feeling it.



To: RockyBalboa who wrote (5369)4/23/2009 11:31:33 AM
From: cubsfan  Respond to of 6370
 
RE: CMG - that's one big short position. Looks like a few agree
with you.



To: RockyBalboa who wrote (5369)4/24/2009 10:05:24 AM
From: cubsfan  Read Replies (2) | Respond to of 6370
 
Nice work on CMG - market up - CMG heading down.
I watched and dithered while you called it..


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